$ADA short closed | ComeDown on Binance Square

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$ADA short closed

ComeDown

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Bearish

$ADA as expected the price dropped to yesterday's low
for those who opened a short with me
be like smart money - close 25-50% of the position in profit and move the stop to breakeven

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ADA

0.8689

+4.13%

655

0

Replies 0

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$ADA while I was writing this all my longs already closed but any way... for record -- how I see the market today 2 days we had an excellent move down I had shorts open on ADA and BTC, so I sat quietly and carefully watched when - when smart money would make a counter move up I did not take advantage of the full move up, satisfied with the profit and trading from shorts.. closing positions on shorts and opening longs on the same day with a break of one hour is not very pleasant for me, but we are in the pre-New Year period when any "miracle" can happen the price rose slightly above the second leg of the fall down - it was a squeeze of shorts - I exited the positions on longs somewhere in the middle, deciding that it was time to rest what to expect closing stops on shorts allowed the price to fall to yesterday's reversal, closing yesterday's gap in comparison of the price action on the 1-hour chart of BTC and ADA, a divergence in favor of ADA is obvious - ADA did not make a new low, while BTC updated lower mark based on this I have already opened a small long with a stop under yesterday's bottom - it is very interesting where we will end this year, will there be an illusion of a new rise as a gift - for this we would need to show us a price above 1.03 and 99-103 for BTC

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in general, this is all we need to know about volume, price and open interest, I quote this part for the record --- ''Trading volume and open interest are key signals; increasing volume without a price drop may indicate a bottom, while increasing volume without a price rise may signal a short-term peak; an upward trend requires consistent and even volume, and a downward trend with volume breaking key levels indicates continuation; increasing positions during stagnation may suggest selling short, while increasing positions during a decline may indicate a rebound. ''

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$ADA what we have as expected, the price went through all the "stop hunt" scenarios today, sweeping away both short stops and long stops what can we expect next before the DXY index opens, we may still see 0.81 if the price stops at this level further price pull-up - I expect musical gift from smart money and the month closing at or above the previous month's closing if there is a long's squeeze more diper - I don't think that orders to close at a loss or in profit will work

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$ADA update for short - short closed on stop , I will try a new one -- I increased positon and avarege opening price 0,8856, stop was very close so new at 0,8965 --- short opened at 0.8849 stop 0.8939 target at least 0.8556 dipper 0.8189 I will reduce position every 50%ROI and move stop down

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Why I should not ,) if stop not at properly logical level I will move it without any suspension how it look for anyone... my stop my position my responsibility Just look at screen ;) yes your right price already touched 0.8965 but stop with close on market price was not triggered , so that was just a splash and there was no any orders to buy my stop ...

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